Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.083%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.083%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZBT-USDT | 0.08394 | 0.0100 | pay 0.0050% / 4h | 3h 42m | — | $1.3M | — |
| Short | Bybit ZBTUSDT | 0.08387 | 0.0100 | get 0.0050% / 4h | 3h 42m | $870K | $436K | 25x |
BingX ZBT-USDT
Bybit ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.083% → +0.010%
- −$9.32
- Slippage, 4 orders
- −$98.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.88
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 28 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 2.99 bp | 20.1 bp −$20 | 73.0 bp −$730 | 639.6 bp −$64.0K | 1196.8 bp −$598.4K |
| Sell Bybit live order book, 28 min ago | 2.39 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
ZBT on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0706% | 1h | 0.08388 | −0.072% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08387 | −0.083% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08393 | −0.017% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08387 | −0.083% | $870K | $436K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08391 | −0.036% | $557K | $1.4M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08389 | −0.060% | $545K | $553K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08392 | −0.024% | $1.4M | $198K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08387 | −0.083% | $741K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08384 | −0.119% | $6.0M | $139K | 10x | as long as short |
| BingX ZBT-USDTlong | +0.0100% | 4h | 0.08394 | long leg | — | $1.3M | — |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08368 | −0.307% | $893 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08391 | −0.036% | $2K | $158K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0120% | 4h | 0.08399 | +0.060% | $148K | $12K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT